Buying a Home in Lexington, Kentucky: What You Need to Know

Buying a Home in Lexington, Kentucky: What You Need to Know

Thinking about buying a home in Lexington, Kentucky? At The Mateyoke Group, we know this city inside and out, and we love helping buyers find the right home in the Bluegrass. Whether you’re a first-time homebuyer or moving across town, here’s what you need to know to make the process smooth and successful.

Why Choose Lexington?

We live and work here, so we can tell you firsthand why Lexington is such a great place to call home:

• Affordable living: Home prices in Lexington are still competitive compared to many cities.
• Strong job market: Healthcare, education, and technology drive steady growth.
• Lifestyle perks: From Wildcats basketball to bourbon trails, horse country, and local restaurants, you’ll never run out of things to do.
• Neighborhood variety: From historic Chevy Chase to new construction in The Home Place, there’s a community for every lifestyle.

The Lexington Housing Market

The Lexington real estate market stays strong, even when other markets slow down. Homes in popular neighborhoods often sell quickly, which means having a local expert on your side is key.

Here’s what we’re seeing right now:

• Median price: Around $300,000 (varies by neighborhood).
• Low inventory: Well-priced homes go fast.
• Tip from our team: Be prepared to make a competitive offer.

Our Step-by-Step Approach to Buying in Lexington

At The Mateyoke Group, we guide you through every step:

1. Pre-Approval First
   We’ll connect you with trusted local lenders so you know your budget before you start shopping.
2. Neighborhood Tours
   We’ll show you around Lexington’s most popular areas, whether you’re drawn to Hamburg’s shopping and dining or Masterson Station’s value and space.
3. Finding the Right Fit
   We don’t just look at houses, we help you think about commute times and resale value.
4. Making a Strong Offer
   We’ll advise on pricing, terms, and negotiation strategies to put you in the best position.
5. Closing with Confidence
   From inspections to paperwork, we make sure nothing falls through the cracks.

Tips from The Mateyoke Group

• Take advantage of Kentucky's first-time homebuyer programs. We’ll walk you through the options.
• Always get a home inspection; it protects your investment.
• Don’t rush. The right home is out there, and we’ll help you find it.